Iraq (IRQ) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Iraq-Slovakia Trade: In 2023, Iraq exported $121 to Slovakia. The main products that Iraq exported to Slovakia were Tufted Carpets ($121). Over the past 5 years the exports of Iraq to Slovakia have decreased at an annualized rate of 89.8%, from $10.8M in 2018 to $121 in 2023.

In 2023, Iraq did not export any services to Slovakia.

Slovakia-Iraq Trade: In 2023, Slovakia exported $46.2M to Iraq. The main products that Slovakia exported to Iraq were Cars ($29.9M), Lifting Machinery ($3.1M), and Other Heating Machinery ($2.54M). Over the past 5 years the exports of Slovakia to Iraq have increased at an annualized rate of 63.6%, from $3.95M in 2018 to $46.2M in 2023.

In 2023, Slovakia did not export any services to Iraq.

Comparison: In 2023, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iraq exported $121 to Slovakia. The main products exported from Iraq to Slovakia were Tufted Carpets ($121). During the last 5 years the exports of Iraq to Slovakia have decreased at an annualized rate of 89.8%, from $10.8M in 2018 to $121 in 2023.

In 2018, Slovakia exported $46.2M to Iraq. The main products exported from Slovakia to Iraq were Cars ($29.9M), Lifting Machinery ($3.1M), and Other Heating Machinery ($2.54M). During the last 5 years the exports of Slovakia to Iraq have increased at an annualized rate of 63.6%, from $3.95M in 2023 to $46.2M in 2018.

Exports from Iraq () to Slovakia () (2023)

Exports from Slovakia () to Iraq () (2023)

Latest Data

Trade between Iraq () and Slovakia ()

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationChina$35.5B

Slovakia
Top DestinationGermany$21.5B

This map shows whether countries import more from Iraq or Slovakia. Each country is colored based on the difference in imports they receive from Iraq and Slovakia or the difference in the growth in imports.

In 2023, countries that imported more from Iraq than Slovakia included China ($35.5B), India ($29.8B), and Greece ($5.68B).

In 2023, countries that imported more from Slovakia than Iraq included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

Difference in imports from Slovakia () and Iraq () (2023)

Comparative Advantage Iraq - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Iraq and Slovakia by product, considering products traded by both, Iraq and Slovakia.

During 2023, Iraq had a large net trade with Slovakia in the exports of Textiles ($121).

During 2018, Slovakia had a large net trade with Iraq in the exports of Transportation ($30.4M), Machines ($10M), and Paper Goods ($1.64M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Slovakia+$11.3kCrude Petroleum

Top Product Potential Slovakia Iraq+$19.3MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Iraq and Slovakia. This means that a dot/product with the flag of Iraq indicates it has a comparative advantage over Slovakia. Similarly, a dot/product with the flag of Slovakia indicates it has a comparative advantage over Iraq.

About

Historical Data

Bilateral Trade by Products

Exports from Iraq () to Slovakia () (2023)

Exports from Slovakia () to Iraq () (2023)

Latest Data

Trade between Iraq () and Slovakia ()

Slovakia Exports

Market Competitiveness

Difference in imports from Slovakia () and Iraq () (2023)

Comparative Advantage Iraq - Slovakia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Slovakia () (2023)

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